3 Room (3STD) HDB for Sale in 98 Commonwealth Crescent

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 37 years, has been estimated at $208,178, translating to a price per square foot (PSF) of $284. This valuation is positioned notably above market expectations, reflecting an 86.4% difference from the baseline. This significant premium suggests a heightened demand for properties in this prime location, which is historically well-regarded for its accessibility and vibrant community amenities.

However, it is crucial to note that the model confidence in this valuation is categorized as low, indicating a degree of uncertainty driven by the limited data set, with only two recent HDB resale transactions in the vicinity serving as the basis for this estimate. Such a small sample size may not fully capture the broader market dynamics or the potential for fluctuations in property values, especially given the finite nature of the remaining lease. Investors and potential buyers should exercise caution and consider a more comprehensive analysis of the market trends and local developments that could impact future valuations.